attachment-2-bid-2892-24.pdf

This document is an OPIS (Oil Price Information Service) gross wholesale biodiesel pricing report for the Binghamton/Vestal, NY region dated March 8, 2024, directly related to the State of New Hampshire's Bid #2892-24 for B-20 with B-5 Option Biodiesel Fuel Supply and Delivery. The pricing report provides benchmark wholesale rack prices for both B-20 and B-5 biodiesel blends across multiple supplier terminals including Buckeye, Citgo, and S.R. & M., establishing the reference pricing foundation for the state's competitive procurement process. The report details pricing for various fuel specifications (LSN2, LSN2D, ULS2P, ULS2PD, ULSHO, and ULTRA grades) with low, high, and average rack prices, as well as contract average pricing. For B-20 biodiesel, prices ranged from $282.30 to $290.90 per gallon across the tracked specifications, while B-5 biodiesel pricing showed similar ranges with variation by supplier and specification type.

The OPIS pricing data serves as the index baseline against which bidders would submit their markup pricing to the State of New Hampshire for the estimated 30,000 gallons each of B-20 and B-5 biodiesel fuel over the two-year contract term with potential three one-year extensions. This wholesale pricing snapshot from March 2024 establishes market conditions prior to the April 24, 2024 bid submission deadline, enabling potential vendors to calculate competitive markups over the published OPIS rack prices while meeting the state's stringent fuel specification requirements, including cloud point standards and potential ultra-low sulfur kerosene blending capabilities.